MONEY

Our Bond converts $15M debt into equity, secures up to $10M investment

ByFinance Desk

Nov 3, 2026 , , , , , , , , ,

  • Our Bond (OBAI) announced Tuesday a financial restructuring that converts ~$15M of debt and preferred stock into equity, eliminating its debt and cash payment obligations.
  • The restructuring removes $3.7M in scheduled 2027 loan payments and about $700K in annual cash dividends.

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By Finance Desk

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